Tag: Public company

AIStartups

Nvidia Backs Battery Recycler Redwood Materials in Major Energy Storage Push

Nvidia has reportedly invested in battery recycling firm Redwood Materials as part of a $350 million funding round. The move signals a strategic focus on solving energy bottlenecks for data centers powering AI technologies.

Strategic Investment in Sustainable Energy

Nvidia, having recently reached a $4 trillion market capitalization, is expanding its investment portfolio through NVentures into unexpected sectors, according to reports. The latest beneficiary is Redwood Materials, a battery recycling company that just secured $350 million in new funding. This investment highlights a growing corporate focus on addressing energy constraints in artificial intelligence infrastructure.

by Aaron Blake
Business AcquisitionStartups

Zepto Secures $400M Funding Led by CalPERS as Indian Quick Commerce Market Expands Rapidly

Indian quick commerce platform Zepto has reportedly raised $400 million in a funding round led by California Public Employees’ Retirement System (CalPERS), according to sources. The funding comes as the company plans to go public next year and faces increasing competition in India’s rapidly growing quick commerce market.

Major Funding Round for Quick Commerce Startup

Indian startup Zepto has reportedly raised $400 million in a funding round led by new investor California Public Employees’ Retirement System (CalPERS), according to recent reports. Sources indicate the investment round, which includes both primary and secondary components, also saw participation from existing investors including Avenir, Avra, Lightspeed, Glade Brook, The Stepstone Group, and Nexus Venture Partners. The funding reportedly values the company significantly, with analysts suggesting this positions Zepto for a potential public listing next year.

by Aaron Blake
Arts and EntertainmentBusiness Acquisition

From JPMorgan to AI Investment Banking: Why I Took the Calculated Risk

Varun Agarwal left his secure investment banking career at JPMorgan to join OffDeal, an AI-native investment bank. He explains how artificial intelligence is transforming dealmaking and why he has no regrets about taking the calculated risk toward innovation.

When Varun Agarwal decided to leave his prestigious position at JPMorgan Chase to join an AI investment bank, many colleagues questioned his judgment. Yet for Agarwal, the move represented a strategic evolution in his investment banking career—one that has already provided more substantial dealmaking experience than his traditional banking role. “I get more dealmaking experience at OffDeal than at JPMorgan,” Agarwal confirms, highlighting how artificial intelligence is reshaping financial services.

The Traditional Banking Foundation

by Aaron Blake